Public Good Provision with Convex Costs

Senatore, L (2011): Public Good Provision with Convex Costs.

Abstract

This paper considers a model of voluntary public good provision with two players and convex costs. I demonstrate that the provision of public good is higher in the sequential framework under fairly general conditions. This outcome shows that introducing convex costs may reverse under some condition the results of Varian ( 1994).

• Item Type: MPRA Paper
• Language: English
• Keywords: Public Goods, Contribution Games, Private Provision of Public Goods
• Subjects: D - Microeconomics > D0 - General; H - Public Economics > H4 - Publicly Provided Goods > H40 - General; H - Public Economics > H4 - Publicly Provided Goods > H41 - Public Goods; C - Mathematical and Quantitative Methods > C7 - Game Theory and Bargaining Theory > C72 - Noncooperative Games

References

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